PSERC: Petition of Viaton Energy v/s PSPCL for issuance of directions to the respondents to pay Late Payment Surcharge

Petitioner: M/s Viaton Energy Pvt. Ltd.

Versus

Punjab State Power Corporation Limited

Background: Petition under Section 86(1)(f) of the Electricity Act 2003 read with Regulations 10 and 69 of the PSERC (Conduct of Business) Regulations, 2005, for issuance of necessary directions to the respondents to pay Late Payment Surcharge to the petitioner, as per the terms and conditions of the Power Purchase Agreement dated 04.